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club_cafe: Tax Allocations to members
It happens on 12/31. Compare the tax basis for each member on 12/30 with that on 12/31. Ira Smilovitz In a message dated 02/07/08 1:11:58 P.M. Eastern Standard Time, g_cudd@bivio.com writes: At what point in the end of year processing does the tax allocation actually ...
3 messages
why doesn't my cash balance out?
on my balance sheet under assets on bivio says that e-trade has$3671.46 my etrade account actual cash is $1286.13 also fifth/third cash is actually $200.13, bivio says its($2156.95) If the 2 bivio cashes are totaled up they are within $28.26 of each other unless the ...
1 message
Tax Allocations to members
At what point in the end of year processing does the tax allocation actually post to the members individual account. tax basis get altered. When I look at the tax basis on 12/31/07 and then in January, it is the same. Do I need to ...
2 messages
Tax Matter Partner
Our form 1065 generates with a withdrawn partners name in the Tax Matter Partner field. How do I designate within Bivio the correct partner?
1 message
club_cafe: Re: Broker lists all dividends as qualified
I assume you mean 12 (2x6) club years, since bivio has not been available for 12 calendar years. Ira Smilovitz In a message dated 02/06/08 8:56:32 P.M. Eastern Standard Time, aklages@triad.rr.com writes: I made my suggestion based on the fact that I have been treasurer ...
2 messages
club_cafe: Broker lists all dividends as qualified
You should do what's right. How have you determined which is correct? Ira Smilovitz In a message dated 02/06/08 7:28:50 P.M. Eastern Standard Time, smith1129@bivio.com writes: E*Trade has listed all of our dividends as qualified. Bivio lists several of them as not being qualified. Bivio ...
5 messages
club_cafe: Re: Broker lists all dividends as qualified
From what you posted, you've made the correct decisions. Ira Smilovitz In a message dated 02/06/08 8:43:44 P.M. Eastern Standard Time, smith1129@bivio.com writes: IraS1@aol.com wrote: > You should do what's right. How have you determined which is correct? >   > Ira Smilovitz >   ...
1 message
Broker lists all dividends as qualified
E*Trade has listed all of our dividends as qualified. Bivio lists several of them as not being qualified. Bivio seems to have it right. Should I just use what bivio says and list both qualified and non-qualified for tax reporting and not match the broker ...
3 messages
club_cafe: Broker lists all dividends as qualified
No, you should not alter your records to match the broker's unless you know that the broker is right. You may find that the broker will issue a corrected 1099. Even if it doesn't, it is the taxpayer's responsibility to report his taxable income accurately. ...
1 message
club_cafe: Dividend Paid in 2007 But Posted in 2008
Yes. Ira Smilovitz In a message dated 02/06/08 1:44:50 P.M. Eastern Standard Time, amigos4@bivio.com writes: CNI paid a $10.82 dividend on 12/31/07. Broker posted the transaction on 1/2/08. Because the transaction appeared on our January 2008 statement from the broker, I entered the transaction date ...
1 message
Dividend Paid in 2007 But Posted in 2008
CNI paid a $10.82 dividend on 12/31/07. Broker posted the transaction on 1/2/08. Because the transaction appeared on our January 2008 statement from the broker, I entered the transaction date in bivio as 1/02/08. As a result, our 1099 from TDA does not reconcile with ...
2 messages
Thanks to Ira
Ira, My message may have gotten lost in all the replies to the editing of the qualified vs non-qualified dividends issue. Your method worked and I thank you. Roy Williams
1 message
club_cafe: Re: Club Tax Interview
Go to the accounting>Investments screen. To the right of the listing for XLF, click on the "info" link. At the bottom of the page, set "qualified dividend" to "not qualified". You can then edit the individual transactions and make some or some part of them ...
2 messages
Club Tax Interview
I have read previous post on the subject of qualified vs non-qualified dividends. Our brokerage classifies XLF as having paid both qualified and non-qualified dividends where bivio classifies them as all qualified. The problem is, I can't seem to edit the bivo entry to a ...
5 messages
club_cafe: Club Tax Interview
Almost always that is correct. Remember it's two trading days, not just two business days. Ira Smilovitz In a message dated 02/04/08 12:32:44 P.M. Eastern Standard Time, jgreenb@bellsouth.net writes: In researching ex-dividend dates on Google, I learned that companies typically set the ex-dividend date two ...
1 message